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Middle East clashes send oil prices climbing for three days — ride the energy rally

Fighting between the U.S. and Iran has escalated again, threatening a fragile peace deal and raising fears about oil supply disruptions. As a result, oil prices have been climbing for three straight days.

Idea

Ongoing clashes in the Middle East are directly threatening global oil supply routes, causing oil prices to steadily climb. When geopolitical tensions escalate like this, energy stocks often follow the price of oil higher as markets price in the risk of shortages. Major oil companies like ExxonMobil and Chevron typically benefit quickly from these sustained price spikes. Because there is no clear resolution in sight, this upward momentum in energy could continue in the short term.

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CVXUSOXLEXOM1D#macro#energy#geopolitics

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